Apple took the lead. In May, US stocks announced repurchases of more than 200 billion US dollars, a record high for the same period
Apple's record buyback program has boosted repurchase activity across US stocks. According to Birinyi Associates data, US listed companies announced a $2010 billion share repurchase plan in May, up more than 41% year over year, setting a record high for that month in history, and the fifth highest since records began. At the beginning of May, Apple officially announced a stock repurchase plan of 110 billion US dollars during the first quarter earnings call, accounting for more than half of the total US stock repurchase plan. Analysts believe that large-scale stock repurchase plans may help support underperforming US stocks since the end of March. Stock repurchases
Tesla's Humanoid Bot Optimus Guides Shareholders On Voting Process Ahead Of Key June Meeting
EV giant Tesla Inc (NASDAQ:TSLA) on Friday released a step-by-step guide for shareholders to vote ahead of the company's upcoming meeting in June.What Happened: Tesla used its humanoid bot, Optimus, t
The AI concept stock boom has cooled down, and this US power company, which is stronger than Nvidia's gains, has plummeted
On Friday, Texas power producer Vistra, the “hidden winner” of the AI boom, fell sharply by 10% in the intraday session. Although the decline narrowed at the close and closed down by nearly 6%, the performance was clearly weak compared to the NASDAQ 100, which had the same deep decline during the day but recovered almost all of its decline at the end of the session. In fact, Vistra only hit an all-time high earlier this week. The company's plans to expand natural gas production capacity have raised a certain level of concern in the market. Combined with the overall sentiment of the market, which is becoming more risky in recent days, the stock price increase has come to a standstill. Vistra has increased by more than 300% in the past 12 months, becoming
Nvidia Is South Korea's Favorite Foreign Stock: Jensen Huang's Chip Company Can't Stop Winning
One of the top gaining S&P 500 stocks over the last year has been NVIDIA Corporation (NASDAQ:NVDA), which just reported a beat and raise in the first quarter.Investors and funds are flocking to hold s
Wall Street Snaps Five-Week Winning Streak, Economic Growth Slows, Inflation Holds Steady In April: This Week In The Market
The U.S. stock market ended a five-week positive streak as investors feared that slowing economic momentum could impact the earnings outlook for American corporations.The U.S. economy grew at an annua
'This Is What We Really Needed': NYSE Trader Reacts To Inflation Data And Its Impact On Stock Market
April's PCE report, the Federal Reserve's preferred measure of inflation, came in in-line with expectations as prices appeared to remain steady. While the SPDR S&P 500 Index Trust (NYSE:SPY) popped in
Google Cloud Unit Said to Lay off Employees This Week: Report
Shares of Semiconductor Stocks Are Trading Lower in Possible Sympathy With Marvell, Which Reported Worse-than-expected Q1 Earnings.
Shares of Semiconductor Stocks Are Trading Lower in Possible Sympathy With Marvell, Which Reported Worse-than-expected Q1 Earnings.
10 Consumer Discretionary Stocks With Whale Alerts In Today's Session
This whale alert can help traders discover the next big trading opportunities.Whales are entities with large sums of money and we track their transactions here at Benzinga on our options activity scan
10 Information Technology Stocks With Whale Alerts In Today's Session
This whale alert can help traders discover the next big trading opportunities.Whales are entities with large sums of money and we track their transactions here at Benzinga on our options activity scan
Tesla's Top Chinese Rival BYD Expands Global Presence With Inaugural Showroom In Saudi Arabia, Accelerating NEV Penetration In Middle East
BYD Co., Ltd. (OTC:BYDDY) (OTC:BYDDF) has reportedly inaugurated its inaugural showroom in Saudi Arabia following the introduction of the BYD brand in the Middle Eastern nation earlier this year.BYD's
Market Clubhouse Morning Memo - May 31st, 2024 (Trade Strategy For SPY, QQQ, AAPL, MSFT, NVDA, GOOGL, META And TSLA)
Good Morning Traders! In today's Market Clubhouse Morning Memo, we will discuss SPY, QQQ, AAPL, MSFT, NVDA, GOOGL, META, and TSLA. Our proprietary formula, exclusive to Market Clubhouse, dictates thes
Salesforce Still Confident About Becoming An AI Era Winner Despite Disappointing Quarter
On Wednesday, Salesforce Inc (NYSE:CRM) posted its first quarterly revenue miss since 2006, along with providing a softer-than-expected guidance. Despite the miss, many analysts are optimistic that th
Tesla Plays Defense as Another Proxy Firm Opposes Elon Musk's $56B Compensation Package
PayPal Rated Buy in New Coverage at New Street, Citing Pivot to Value
$100 Invested In Texas Instruments 20 Years Ago Would Be Worth This Much Today
Texas Instruments (NASDAQ:TXN) has outperformed the market over the past 20 years by 2.73% on an annualized basis producing an average annual return of 10.62%. Currently, Texas Instruments has a marke
AI Capabilities for Handsets, PCs to Be Next Key Driver for Artificial Intelligence: Mizuho
Dow futures rise positive response to PCE deflator Dell falls drastically after hours = US stocks
In addition to Dow futures rebounding in the US stock index futures market, S&P 500 and NASDAQ 100 are also rebounding. The US stock market has shown a positive response in response to the April PCE deflator that was announced earlier.
QUALCOMM To Rally Around 20%? Here Are 10 Top Analyst Forecasts For Friday
Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades and downgrades, please see our analyst ratings page.Keybanc sla
Apple, JPMorgan, Corning And More On CNBC's 'Final Trades'
On CNBC's "Halftime Report Final Trades," Stephanie Link of Hightower said Apple Inc. (NASDAQ:AAPL) is still down 5% from its highs.Cupertino, California-based Apple plans to overhaul the Siri virtual